This paper tried to evaluate the increasing of the federative public spending associated with the creation of a new State within the Brazilian Federation. The estimates pointed out that each new State increases the federative expenditure by R$ 832 millions. It was also estimated that Brazilian...

When there is inadequate transparency, accountability, and probity in the use of public resources, the state fails to generate credibility and authority. As a consequence, systemic corruption undermines the credibility of democratic institutions and counteracts good governance. In the light of...

Public expenditure in agriculture is one of the most important policy instruments for government in developing countries to address food security and poverty reduction. This paper provides a comprehensive review of agricultural policy and public agricultural expenditure (PAE) in China. China...

I investigate sovereign risk management using expected utility theory. A proposition is derived under which conditions which degree of hedging is optimal. An application to the case of Russia shows that a risk-acceptant attitude can serve as an explanation of the decisions to bail out Rosneft...

The COVID-19 pandemic has had an impact on public institutions management system which imposed a digital transformation of all processes. This study explores how integrating digitalization improves management processes within Romanian public organizations. It is based on a survey approach and on...

This paper tried to evaluate the increasing of the federative public spending associated with the creation of a new State within the Brazilian Federation. The estimates pointed out that each new State increases the federative expenditure by R$ 832 millions. It was also estimated that Brazilian...

We analyze voluntary coalition formation using a unique panel data for 1,056 municipalities in the French region of Brittany between 1995 and 2002. We use a control function approach to develop a binary discrete choice model with spatial interactions. We find that a municipality's decision to...

Prohibition (1920-1933) in the United States is generally viewed as a period with a defined beginning and end. When one factors state and local bans into the discussion, however, the issue is much more complicated. Local prohibitions began in the 1830s andstate-level bans appeared in the 1850s....

This article argues that the historical stories of decline and revival in organisations are as important as the phenomenon itself. The complexity and humiliation of decline create strategic narratives which attempt to both clarify and justify events, but at the cost of over-simplification and...

This paper aims to comprehensively examine the impact of China's environmental decentralization on corporate environmental, social, and governance (ESG) performance and investigate the underlying mechanisms. We analyze data from Chinese listed firms spanning from 2010 to 2020. The empirical...